305 Hoot Owl LN, Leander TX 78641

Taking into account 7 nearby comparable sales, this property's estimated value comes to $494,888. If we were to list this property today, I'd recommend a list price in the $540,000 to $556,000 range. This home's position in the current SUMMERLYN PH P-2 market: the 3rd least expensive of 6 comparable homes on the market among comparable properties. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. Being built in 2006 (7 years older than comps) is factored into the value estimate. Buyers in SUMMERLYN PH P-2 have 6 comparable options right now, with asking prices between $399,900 and $550,000. The best comp here is 324 King Elder LN, Leander TX 78641 at an adjusted value of $451,835, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SUMMERLYN PH P-2. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group